The following items were gathered by reporter Rhoda Miel at the SPE Thermoforming Conference, held Sept. 15-17 in Nashville, Tenn.
Thomas purchases Germany's Rietschle
Werner Rietschle GmbH + Co. has a new owner, but the vacuum pumps and conveying equipment it sells to thermoforming machinery makers will continue to carry the same name.
Thomas Industries Inc. of Louisville, Ky., completed a buyout of Rietschle of Schopfheim, Germany, on Aug. 29 for $83 million and 1.8 million shares of Thomas stock.
Rietschle Managing Director Dieter Rietschle also will join the Thomas Industries board, with the Rietschle family holding a 10 percent interest in Thomas.
Durethan-brand sheet reaching N. America
Bayer Corp. is launching a thermoformable polyamid sheet in North America, aiming it for use as a metal or fiberglass replacement in the automotive, agriculture, heavy construction and truck and bus markets.
The 15 percent glass-reinforced sheet was introduced in Europe earlier this year and now expands to the United States, Canada and Mexico. The firm said the resin can withstand high temperatures while providing stiffness and impact strength.